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The Instrument of Association: A Manual of Currency is a book written by George A. Potter and originally published in 1868. The book provides a detailed analysis of the monetary system and proposes a new currency system to replace the existing one. Potter argues that the current system, which is based on gold and silver, is flawed and has led to economic instability and inequality. He proposes a new system based on a paper currency that is backed by the collective credit of the people. The book provides a step-by-step guide on how the new system could be implemented and how it would work in…mehr

Produktbeschreibung
The Instrument of Association: A Manual of Currency is a book written by George A. Potter and originally published in 1868. The book provides a detailed analysis of the monetary system and proposes a new currency system to replace the existing one. Potter argues that the current system, which is based on gold and silver, is flawed and has led to economic instability and inequality. He proposes a new system based on a paper currency that is backed by the collective credit of the people. The book provides a step-by-step guide on how the new system could be implemented and how it would work in practice. It also includes a detailed history of the development of currency systems and an analysis of the economic theories that underpin them. The Instrument of Association is a seminal work in the history of monetary theory and remains relevant today as debates continue around the role of currency in modern economies.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.